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    ASSESSMENT Oa10

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    Genner Raz

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    ASSESSMENT Oa10

    Uploaded by

    Genner Raz
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    ASSESSMENT oa10

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    5 views2 pages

    ASSESSMENT Oa10

    Uploaded by

    Genner Raz

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    ASSESSMENT

    OA10 – ENTREPRENEURIAL BEHAVIOR AND COMPETENCIES

    Instruction: Carefully read each question and choose the letter of the correct answer.

    1. Which of the following best describe as the fundamental beliefs and guiding principles
    that dictate behavior and action within an institution?
    a. Goals
    b. Philosophy
    c. Core Values
    d. Mission statement
    2. The process of identifying opportunities, mobilizing resources, and creating value
    through innovation and risk-taking is called .
    a. Entrepreneurship
    b. Management
    c. Marketing
    d. Leadership
    3. Who is primarily responsible for idea generation, resource management, and business execution?
    a. Employees
    b. Customers
    c. Entrepreneurs
    d. Shareholders
    4. Which of the following is a key consideration for starting an entrepreneurship?
    a. Government Policies
    b. Business Management Skills
    c. Personal Interest
    d. Geographic Location
    5. What type of entrepreneurship is focused on setting up and running businesses based on scientific
    and technological innovations?
    a. Non-Technical Entrepreneurship
    b. Trading Entrepreneurship
    c. Technical Entrepreneurship
    d. State Entrepreneurship
    6. Which role does an entrepreneur typically take on when starting a new business?
    a. Chief Financial Officer
    b. Marketing Specialist
    c. Primary promoter and spokesperson
    d. Human Resources Manager
    7. What is one of the key responsibilities of an entrepreneur in the entrepreneurship and leadership
    stage?
    a. Conducting market research
    b. Handling daily operations and decision-making
    c. Designing marketing strategies
    d. Training new employees
    8. How do entrepreneurs contribute to reducing regional disparities?
    a. By investing in major cities only
    b. By setting up industries in less developed and backward areas
    c. By focusing solely on international markets
    d. By avoiding investments in rural areas
    9. Why is creativity important for entrepreneurs?
    a. It ensures immediate profits
    b. It allows entrepreneurs to improve upon existing ideas and innovate
    c. It reduces the need for market analysis
    d. It guarantees no competition
    10. What is a common reason for the failure of new ventures?
    a. High customer demand
    b. Managerial incompetence and poor financial control
    c. Excessive market research
    d. Overly detailed business plans

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